Co-founder & Managing Director, Marketnomix 

Rajan Govil

Co-founder & Managing Director

Marketnomix 

Macroeconomics

<ul><li>China’s economic slowdown will continue to be a major cause for concern for the global economy.</li><li>Slowing economy together with declining with FX reserves could see RMB come under pressure.</li><li>RMB downside pressure to spillover into other emerging market currencies.</li></ul>

China’s economic slowdown will continue to be a major cause for concern for the global economy.Slowing economy together with declining with FX reserves could see RMB come under pressure.RMB downside pressure to spillover into other emerging market currencies.

Deciphering real estate markets globally., Rems Advisors

TAN Kok Keong

Deciphering real estate markets globally.

Rems Advisors

Thematic (Sector/Industry)

Singapore's private residential property market has been dying a slow death since the introduction of a series of cooling measures. In addition, a weak economic environment, rising retrenchments and cutbacks within the financial services sector, and a general lack of positive catalysts have dampened investors' interests in the market. Many market participants have suggested that a lifting of the cooling measures could be the cure. Even members of the Parliament has called for the removal of…

Singapore's private residential property market has been dying a slow death since the introduction of a series of cooling measures. In addition, a weak economic environment, rising retrenchments and cutbacks within the financial services sector, and a general lack of positive catalysts have dampened investors' interests in the market. Many market participants have suggested that a lifting of the cooling measures could be the cure. Even members of the Parliament has called for the removal of…

Singapore Property Downturn Far from Over

Research and consultancy, Tabbush Report

Daniel Tabbush

Research and consultancy

Tabbush Report

We provide research and consultancy on Asian banks. Our focus is on what we call “Asian bank research, without the noise.” We are interested in the most critical swing-factors for banks, the NPL and credit cycle, and where we believe there is a gap between perception and reality. We often focus on the less studied components of bank financial statements.  Our research is highly thematic, sometimes examining unlisted banks and companies as a window on mainstream banks. 

Being independent allows us to look at smaller banks, often overlooked by others. Analysis of BIS bank guidelines in the context of Asia, is also a focal point, while we also analyze global banks operating in the region. We use what we believe is the most comprehensive, reliable financials database, SNL Financial. S&P Capital IQ augments our database, with corporate data and CEIC, with economics. 

Asian bank research, without the noise.

It is easy to understand why there has been and remains so much hope regarding the profitability of China’s banks. The simple answer is penetration. Here we are referring to how accessible banking is to the population, and we measure this by population/bank branches. Where banking is less accessible and limited, there is less competition and a greater ability for banks to charge high prices.This should be reflected in the variance of net interest margins by country. But it is not this simple…

It is easy to understand why there has been and remains so much hope regarding the profitability of China’s banks. The simple answer is penetration. Here we are referring to how accessible banking is to the population, and we measure this by population/bank branches. Where banking is less accessible and limited, there is less competition and a greater ability for banks to charge high prices.This should be reflected in the variance of net interest margins by country. But it is not this simple…

Asia-Pacific: Branch Banking and Profitability

While we tend to focus on impaired loans, a look at credit-risk assets can be revealing.This is especially the case with respect to the rate of change and compared with underlying assets. For instance, if a bank is reporting a sharp rise in its credit risk assets but only a slight rise in loans, this can suggest worsening credit metrics.In practice, this would likely mean deterioration in the probability of default (PD) or loss given default (LGD) of its loans.HSBC’s data is telling, where for…

While we tend to focus on impaired loans, a look at credit-risk assets can be revealing.This is especially the case with respect to the rate of change and compared with underlying assets. For instance, if a bank is reporting a sharp rise in its credit risk assets but only a slight rise in loans, this can suggest worsening credit metrics.In practice, this would likely mean deterioration in the probability of default (PD) or loss given default (LGD) of its loans.HSBC’s data is telling, where for…

A Look at Credit Risk Assets Can Be Revealing

Freelance Research Analyst

Tay Hock Meng

The latest 1Q2016 industrial prices and rents released by JTC Corporation showed declines of 2.5% and 2.7% respectively compared to 4Q2015. On a yearly basis, both industrial property prices and rents fell by around 5% as compared to 1Q2015. The yearly decline in industrial property prices were led by single-user factories which fell by 6.2% as compared to previous year, while the multiple-user industrial rents fell the most by 7% on a yearly basis. This led to an overall 5.1% yearly decline in industrial rentals in 1Q2016.

The latest 1Q2016 industrial prices and rents released by JTC Corporation showed declines of 2.5% and 2.7% respectively compared to 4Q2015. On a yearly basis, both industrial property prices and rents fell by around 5% as compared to 1Q2015. The yearly decline in industrial property prices were led by single-user factories which fell by 6.2% as compared to previous year, while the multiple-user industrial rents fell the most by 7% on a yearly basis. This led to an overall 5.1% yearly decline in industrial rentals in 1Q2016.

A Continuing Glut of Industrial Land Supply in Singapore

United Kingdom

Standard Chartered PLC is an international banking group operating principally in Asia, Africa, and the Middle East. The Company offers its products and services in the personal, consumer, corporate, institutional and treasury areas.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Standard Chartered (STAN LN)

Marketnomix Country Insights - China

China’s economic slowdown will continue to be a major cause for concern for the global economy. Slowing economy together with declining with FX...

Rajan Govil

Singapore Property Downturn Far from Over

Singapore's private residential property market has been dying a slow death since the introduction of a series of cooling measures. In addition, a...

TAN Kok Keong

Asia-Pacific: Branch Banking and Profitability

It is easy to understand why there has been and remains so much hope regarding the profitability of China’s banks. The simple answer is...

Daniel Tabbush

A Look at Credit Risk Assets Can Be Revealing

While we tend to focus on impaired loans, a look at credit-risk assets can be revealing.This is especially the case with respect to the rate of...

Daniel Tabbush

A Continuing Glut of Industrial Land Supply in Singapore

The latest 1Q2016 industrial prices and rents released by JTC Corporation showed declines of 2.5% and 2.7% respectively compared to 4Q2015. On a...

Tay Hock Meng

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)